Harvinder S. Bhela - 30 Nov 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, Chief Product Officer
Signature
By:Roberta S Cohen, Attorney-in-Fact for Harvinder Bhela
Issuer symbol
NTAP
Transactions as of
30 Nov 2022
Net transactions value
-$363,427
Form type
4
Filing time
17 Feb 2023, 15:01:07 UTC
Previous filing
18 Jul 2022
Next filing
17 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Other $19,769 +344 $57.47 344 30 Nov 2022 Direct F1
transaction NTAP Common shares Options Exercise $0 +19,578 +5691% $0.000000 19,922 15 Feb 2023 Direct
transaction NTAP Common Shares Tax liability $383,196 -5,577 -28% $68.71 14,345 15 Feb 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTAP Restricted Stock Unit Options Exercise $0 -19,578 -50% $0.000000 19,579 15 Feb 2023 Common Stock 19,578 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the NetApp Employee Stock Purchase plan on November 30, 2022.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 On February 15, 2022, the reporting person was granted 39,157 restricted stock units, with 50% vesting on February 15, 2023, and the remaining 50% vestinng on February 15, 2024, subject to continued service on each applicable vesting date.